Fertilizer prices today March 27, 2023: Prices of fertilizers continue to move sideways

fertilizer prices today, March 27, 2023: Fertilizer prices continue to move sideways. In a recent report, the Analysis Department of SSI Securities Company (SSI Research) said that urea prices will continue to decrease in 2023 due to three main reasons. First, the pressure to reduce global urea prices when urea exports from Russia and China recover. Second, raw materials for urea production (natural gas and coal) tend to decrease in price. According to the World Bank, this year, coal output is expected to increase sharply, along with weak demand, causing prices to fall. Third, urea demand may weaken due to concerns about the global economic recession and adjustments in agricultural commodity prices. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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